When we cannot see the forward guidance of the Federal Reserve's dot matrix, according to the Financial Times, the new chairman of the Federal Reserve, Walsh, may initiate reforms as early as the June FOMC meeting, with the core direction being to weaken or even cancel the long-term interest rate forward guidance used to guide market expectations. This means that Walsh will redefine the way the Federal Reserve sends policy signals to Wall Street, which he has consistently emphasized. Several informed former officials predict that Walsh may gradually withdraw from the forward guidance communication tool, and even no longer submit interest rate path forecasts, abandoning the "dot matrix" as a component of quarterly economic forecasts. In addition to forecasting tools, Walsh may also adjust the wording structure of interest rate statements, especially by removing "leaning" statements that imply future policy directions, such as signals leaning towards easing or tightening. In fact, the communication system of the Federal Reserve is also a complex structure that has been built for many years, which takes a long time to establish and is estimated to take time to dismantle. Slowly, we can see the pace of policy reform in Walsh. The core here is rhythm: Sudden cancellation of the market may lead to sudden confusion and chaos; If the impact on the market is gradual, it will be more moderate. Is it still here before at https://(x.com)/qinbafrank/status/2018129302114689163? S=46&t=k6rimWs Ebo2D2TXolYcM-A talked about What can be done is much more important than what one wants to do, The pace of policies has a greater impact on the market than policy proposals! “